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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Baytex Energy Corp
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Post by smallcaptdron Feb 07, 2023 10:48am
171 Views
Post# 35271736

what coming for Oil

what coming for OilThe market could move on FED Chairman Powell speeches happening this week so if Oil nosedives this could be one source. Also, tonight's 4:30pm API Crude Oil Stock and it's anyone's guessing how Oil will react to another surplus with EIA numbers tomorrow then it's clear sailing till next week for US data. Right now the main concern is Russia selling Ural at $43 compared to Brent at $82 is a huge gap especially when you're fighting for sales to China and the EU caps won't affect Russia as once hoped and what's the sense in having a $60 cap on Crude if they're selling it for $35 so Oil keeps flowing into the markets cheap making it harder for Crude to rise until words of growth are replaced with facts of growth and demand. Keep on top of what changes Oil.




Economy’s Resilience Becomes the New Narrative as Fed Chairman Powell Speaks Again in Washington This Week | Economy | U.S. News (usnews.com)
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